Government initiatives and emerging business models in education, which has made this sector get active participation from private organizations. Such participation can be possible at various levels of investments and scale of operations. Be it organizations planning for expansion in the country or foreign institutions aiming to foray into the Indian education sector, we help them right from efficient market entry strategy to establishment and achievement of long term strategic goals.

Market assessment

Education system in India is really vast and has many streams in it. Setting up any institute require rigorous planning and huge investment in infrastructure. In such cases, it becomes essential for the organization to assess the market for the course/institute being planned. i.e. no. of students, no. of colleges in the area and demand supply shortfall. This market assessment not only helps educational organizations take informed decision but also act as tool to devise financial projections and implications.

If this is your situation

You want to assess the market for the institute being planned with respect to no. of student, demand supply gap etc.
You intend to expand geographically, but want to understand market dynamics of the area in which you want to open your institute.
You want to have better understanding about competitors, their key strengths and data pertaining to no. of seats, vacancy records, no. of teachers, key strengths etc.
You want to understand the legal requirements, norms for construction, permission required etc. to assess the overall cost involved.

How Bizminder can help

Bizminder has an experienced team to help you to get best possible market information in respect to the institutes you are planning along with a detailed analysis of best and worst case scenarios along with the legal requirements required for opening such institute.

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Market entry strategy

The nature of the Indian education market is shifting rapidly. New market entrants need to implement a market entry quickly, coherently and effectively in a way that is both less time-consuming and cost-efficient. The legal structure form one of the most critical decisions while entering into the Indian education market space. E.g. Section 25 company under companies act, trust etc.

We provide you with

An in-depth analysis of benefits from section 25/ Trust/ society customized based on your visions and long term goals.
Advising you on how to strategically manage non-profit company and form an infrastructure company to handle your infrastructure needs.
Advising you on a group structure so as to retain a strong brand image.
Analysis of potential campus placement strategies.

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Education strategic planning

Every decision taken in education sector right from selection of the type of institute (polytechnic, school or college) to future planning, has a deep impact on the long term strategic goals & growth of the educational organization. We help clients right from planning the type of institute to developing long term strategic goals.

We provide you with –

Selection of type of institute.
Long term growth plans for next 5 years and financial outflow required from time to time.
Execution & monitoring of plans in milestone based approach.

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Project management & co-ordination

Once you have decided to go ahead with any type of institute, the most important part is to lay down a detailed guidelines to get permissions and design & develop infrastructure at par with requirements of the sanctioning authority. We have architectural & engineering teams with us who can help you manage the overall project execution process in a seamless way to make sure they are in compliance with the mentioned norms.

We provide you with –

Architectural design in compliance with norms.
Developing the cost of building.
Project monitoring & execution services
Project financial budget monitoring services to help maintain the development budgets under control.
Reporting & communication support with bankers on your behalf to update with status of construction. (if project is financed by Bank)

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ERP advisory

The most important first process towards going for an ERP software is understanding your internal requirements and developing a feature list to be presented to the vendor. If you are developing or customizing software, a pre requirement list helps shortlisting ERP vendor significantly. At Bizminder, we have process expert teams who can understand your requirement and develop process flow chart helpful for your software vendors.

We provide –

Development of process flow diagrams with control aspects and module designs to help software developers customize your software.
We help you designing the Management Information System reports in way that can help you in decision support.
Training for extracting and utilizing MIS reports.
Co-ordination with your software vendors on your behalf.
User acceptance testing to make sure you have received what you contracted with the vendor.

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Growth strategy

This simple but forceful message reiterates that education alone can be the salvation for poverty, and up-lift the socially discriminated. In a populous country like India where even with education life is difficult, there can be little hope without it. Poor as well as middle-income group, rural as well as urban all are willing to send their children to school. There is solid evidence from all over the country for this increasing appetite for education across all social groups and across all income groups. To take full benefit of this opportunity, organizations have to focus on policies and growth strategies.

We help you in –

Understand, plan and implement new technology.
Prepare vision & mission statement.
Design, monitor & implement long term growth plans with milestone based approach to achieve them.

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Organizational strategy

Organizational strategy is fundamental to the success and sustenance of any educational organization. The structuring of organization should be such that it gives best work environment to staff, professors and others at the same time enhancing overall manpower performance.

If this is your situation

You want your human resource chart with definitive roles and responsibility, job descriptions and trainings for better human resource performance and organization.
You want organizational design and structuring to be done in line with your business vision and mission.
You want to form strategic business units based on various businesses you have. You want to develop a business unit strategy.
You have many institutes and want to bring them under group structure to enjoy market consolidation and branding.
You want to develop a shared services department as a common pool of activities required for all your units under your group.

How Bizminder can help

Our strategy team develops various models which projects the implication of scenario based strategy alternatives that are presented to the clients with thorough research. This helps client in decision support for strategic alternatives. Further, Bizminder’s team helps clients to implement the strategies in a phased manner, assuring success of the strategy and its seamless execution. We do this by –

Devise & implement effective human resource chart along with job roles & responsibilities.
Structuring strong core business
Consolidating under group structure and implementing Business unit strategy to enhance group brand value and achieve potential economic benefits in each unit.
Devise path to achieve leadership economics
Targeting large and growing profit pool.

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Standard operating procedures & documentation

Standard Operating Procedures (SOPs) are a necessary component of every modern business. SOPs act as process books that describe a set of procedures and protocols for a particular action. Standard Operating Procedures describe how processes work, detailing the roles and resources that are involved in a particular process. Although SOPs are a vital part of every business, they are time consuming projects that pose significant challenges to companies of all sizes. Whether creating, approving, distributing, or revising SOPs, the amount of work involved can be enormous.

If this is your situation

You want to

Create SOPs
Document SOPs
Approve SOPs
Distribute & implement SOPs
Revise SOPs

How Bizminder can help

Bizminder’s Process Team can document your business processes, helping you to create a leaner business model by optimizing your standard operating procedures. In order to ensure that your SOPs are optimized, trust our trained professionals to efficiently document your standard operating procedures using industry best practice frameworks.

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Operational efficiency

When systems are designed and implemented effectively, education process improvement initiatives can deliver substantial benefits to your organization, including greater strategic value, more efficient resource utilization, higher quality education & management, accelerated time to market and a strengthened bottom line.

If this is your situation

You want to efficiently map all processes and the factors affecting each process. This will help you to understand the overall workflow for better decision support.
You want to devise management information system plan and test if manually before planning for Business process management system.
You want to stress test your management information system to restructure it to better support management with decision making.
Your key objective is to achieve quantifiable improvements by minimizing inefficiencies, improving decision-making processes and improving control methods.

How Bizminder can help

We are a full service consultancy firm with deep expertise across all critical enterprise functions, including finance, operations and human resource. Our insight enables us to quickly assess your business performance and prioritize process improvement opportunities across the organization to generate the greatest return.

Our business process improvement methodology

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New areas of expansion – design, planning & execution

The growth and success of any educational organization is the way they plan for expansion and their seamless execution capabilities. These requires a greater insight on the way the new areas of expansion are analyzed, planned and implemented.

Our services –

Devise strategic roadmap for new areas of expansion.
Milestones based approach along with a sound financial model to plan for funding options for future expansions.
Executing the entire plan as per plans with our project management support keeping the cost of expansion in pre-planned budgets.

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Cost optimization

Finance & cost optimization is the review of the financial operations of client, resulting in the forming of an independent opinion on whether or not those financial operations have any income leakage, cost cut back and commercial enhancement opportunities available. This helps the organization to identify excessive costs, take benefit of unidentified commercial opportunities and make strong financial strength from perspective of Investors, Bankers and Other Stake Holders.

If this is your situation

You want to enhance your financial position keeping in view industry ratios and best practices.
You want to have expert financial advisory on complex business transactions.
You intend to check if there is any possibility to reduce costs or if you are incurring unnecessary cost that can rather be avoided.
You intend to identify if the pricing of your product is optimum or if there is any product mix planning that can be done.
You want to explore the possibility of income enhancement by optimally restructuring financial operations.
You want finance experts to be hired on retainership basis.

How Bizminder can help

We carry comprehensive financial analysis and process walkthrough to understand the overall financial function of the client. We then do a benchmark analysis and implement various models to identify various ways to enhance financial position of the entity.

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Financial viability study

Financial viability study can help you stress test your budgeted cost to benefit ratio and capital budgeting decisions. We help educational organizations with a detailed financial & technical viability assessment report that can help them take an entrepreneurs call for accepting / rejecting the project.

We help you answer following questions –

The profitability and returns on investments
Risk associated with the project
Technical evaluation linked to the cost of project
Alternatives available to reduce the cost of project
Sensitivity analysis taking into consideration various macro & micro factors.

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Joint venture assistance

Joint venture have become one of the critical business models in today’s education environment. Joint ventures helps the partners reap greater benefits together, managing & sharing risks and sharing of the investment in project.

We help you in –

Identifying a joint venture partner based on your requirements
Negotiating for management contracts
Financial & legal due-diligence of proposed partner
Drafting of joint venture agreement
Handling the overall joint venture transaction

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Strategic partner search

Strategic partnership have gained importance in today’s business scenario. It is seamless model to cover up with the strengths and weakness of organizations in a way that the collective synergies help to increase/sustain profits of both organizations. It can be done for sharing know-how, copyrights, technology or investments.

We help you in –

Identifying a strategic partner based on your requirements
Negotiating for management contracts
Financial & legal due-diligence of proposed partner
Drafting of strategic partnership agreement
Handling the overall transaction

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Accounting policy

Establishing a strong accounting policy is very important in educational organization as this impacts almost all sections of the organizations, may it be funding, fees decision or overall financial position of the organization. An efficient accounting policy will lead to a better management and it will help top management to be relived to invest more time in informed decision making.

We help you in –

Planning of accounting policy
Accounting policy manual documentation
Implementation & training of accounting policy to your staff

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Start-up funding support

Many educational organizations plans for a project with assistance of funding from various financial institutions. However, getting funding support is rather more complex.

We help you in –

Development of business plans
Creating investor memorandum
Assistance in presentation of your business plans in front of investors/ financers.

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Business modeling

Business modeling can be very complex, lying at the heart of many business decisions and demanding a lot of time and effort. A well-designed, well-built business model can lower risk, make you more successful in your objectives, and build confidence in your business support tools.

If this is your situation

We help you answer following questions –

Is your model accurate and reliable?
Have you understood your businesses' commercial and financial drivers and connected them together in a model?
Do you have a model that is able to run the key operational, commercial and financing sensitivities?
Do you have sufficiently detailed cash and covenant analysis?

How Bizminder can help

We provide independent assessments of existing business-modeling tools or develop and implement new ones.

Our Business Modeling team focuses on four core areas when assisting clients:

Operational modeling: We develop models for planning, budgeting and forecasting, as well as strategies for revenue enhancement, Cost optimization and performance reporting.
Financial modeling: We develop models for pricing, debt and equity structuring, working capital forecasting and synergy analysis.
Model assessment: We provide comments on financial and/or operational models prepared by you or a third party.
Model advice: We provide commentary and instruction on building or testing business models.

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Financial budgeting, planning & execution

The biggest risk of planning any educational projects is budget overruns in the project cost. The project budget overruns can cause serious project delays and funds blockage. This can be countered with efficient planning and project management technique. Bizminder help educational organizations with project management services with an efficient team of financial, architectural and civil engineers to manage your project.

We help you in –

Developing financial budgets for the project
Planning execution of your project
Fortnightly reporting till the project life cycle, to the top management on the status of the project both on financial & technical terms
Project life cycle management with monitoring on financial budgets
Submission of monthly project progress reports to banks

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Accounting management

Accounting management is important for the already running educational institutions. We help these organization in re organizing their accounting function and re-organizing their financial statements.

We help you in –

Re-structuring of accounting policy
Preparing your books of accounts
Accounting policy manual documentation
Implementation & training of accounting policy to your staff

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Fees planning & management

Fees planning & management is the critical function and the main source of revenue for any educational organization. The power of deciding on the fees to be charged to students is regulated and requires approvals of committee on fees planning, and is linked to the expenditures made on students. Bizminder specializes in planning, budgeting and management of fees in advance at the start of year.Accounting management is important for the already running educational institutions. We help these organization in re organizing their accounting function and re-organizing their financial statements.

We help you in –

Creating financial budgets at the start of year to achieve decided financial performance
Monitor the expenditure incurred in a way that the fees proposed for next year is achieved
Technical compliance of all norms

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Bank funding support

Raising finance to fund new/expansion plans means examining wide range of issues and answering a complex set of questions. Considering right options and designing right funding structure requires considerable insight and experience.

If this is your situation

You intend to gain effective access to raise funds for your expansion plans.
You want to plan funding options based on the borrowing cost associated with it.
You want to go for existing loan takeover for better fund option at lower borrowing cost and you want to effectively plan the transaction.
You intend to revise your finance structure to make yourself ready for bank/financial institutions funding.
You want to plan fund raising by effectively planning collateral security offerings.
You want to assess the possibility of getting foreign currency term loans.

How Bizminder can help

Bizminder has advised businesses on their fund raising plans in all markets. Whether through a public or private market, through debt instruments, our expertise covers all possible scenarios and our independence means that we focus solely on identifying and structuring the best source of finance for our client.

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Mergers & acquisitions advisory

Mergers & acquisitions has become a competitive tool to gain advantage in education market. This activities have gained importance to add value to overall strategy of the organization may it be increasing infrastructure foot print or the quality of education.

We help you in –

Developing & evaluating purchase/sale consideration
Buyer search if you want to sell your organization
Seller search if you want to buy a running organization
Negotiations
Legal agreements & overall transaction support.

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FCRA License

FCRA stands for foreign contribution regulation act, 2010, which is paramount act regulating all the foreign investments, donations etc. in any of the educational organization in India. A license and various legal formalities are important before any such foreign contribution. This license will help raise foreign funds for expansion of any educational organization.

We help you in –

Documentation for applying for FCRA
Assistance in approval of FCRA license
FCRA compliance

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Revenue enhancement

Revenue enhancement is a strategic way of increasing earning by way of providing value added educational services to students at nominal extra costs. This can be by way of vocational training on areas of specializations etc.

We help you in –

Developing revenue enhancement models
Executing the model developed

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Budgeting & control


Regulatory Insight report

Bizminder regulatory insights focuses on the latest news and analysis of regulation that have impact on education sector.

We provide you with following services –

Tax implication report
Tax efficient business structure
Legal opinions on tax provisions

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Assistance in obtaining approvals

Procedures to get permission for starting an educational institutions are complex and requires an insight on the minute details and interpretations of requirement. We at Bizminder specialize in understanding the requirements of each approving authority and can plan and document the applications in a way that is required.

We help you in –

Building documentation before application
Reviewing application before submission
Communication support with authorities concerned for any technical requirement

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Efficient tax planning

We align tax plans and tax compliance strategies in line with the business vision and mission of the company and long term strategic goals. We help client understand the tax implication on business strategies and devise solutions in a way that they can be seamlessly executed without impact on the business strategic goals.

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